Public Plans - General

Economic Downturn Spurs Efforts to Address Costs and Sustainability 3/12

11-09-2012 |

U.S. Government Accountability Office found that despite the recent economic downturn, most large state and local government pension plans have assets sufficient to cover benefit payments to retirees for a decade or more. However, pension plans still face challenges over the long term due to the gap between assets and liabilities.


U.S. GAO - State and Local Government Pension Plans: Economic Downturn Spurs Efforts to Address Costs and Sustainability (March 2012)

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